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Oct 29, 2008

U.S. tire market demand to grow steadily

U.S. Rubber Industry Association (RMA) recently released this year, the U.S. tire market forecasts: the relative in 2004, demand growth this year, nearly 2 percent, is expected to be approximately 325,000,000, an increase 6,100,000. By 2010, total demand is expected to reach 355,000,000.


Original use by child, as used by the United States this year, and the P-metric light truck production and demand growth slightly, by using fetal demand is expected to grow by 1%, close to 54,000,000. As the U.S. domestic automobile production and sales of imported cars slow growth in demand for tires used by the same slow growth in 2010 will be at 55,000,000.



Original light truck tires, as more consumers choose small sports cars and light trucks by the P-metric passenger tires, light truck tires original demand this year will be reduced by 400,000 to 7,500,000.


In the original / kika wide tires, the vehicle due to update the needs and the U.S. Environmental Protection Agency regulations change, the U.S. commercial transport vehicle stable sales growth will continue until 2006. / Kika wide tires will increase demand for 900,000 this year to reach 6,600,000, a growth rate of 15%. Growth is expected to last until 2006, a growth rate of 5% to 7%. However, the U.S. Environmental Protection Agency to implement a more stringent standard tire heat, in the original / kika wide car tire sales in 2007 will be affected by the year 2010 show is expected to demand in 2010 will be reduced to 6,400,000.


By using replacement tires, is expected to be replaced this year by using child needs to grow 2 percent to 203,000,000, an increase of 3,900,000. In this market, mainly from the growth of high-performance passenger tires. Compared with last year, by using high-performance tires in the growth rate of 6% to 14%. Because the United States continued growth in car ownership, road expansion, rising fuel prices on the driving habits of Americans do not have an impact, the market will take the child with an annual growth rate of 2% of the expected growth will continue into 2010, demand will reach 2.25 100,000,000.


Light truck tire replacement, this year will grow by 1,000,000 to 37,400,000, an increase will continue until 2010, reaching 42,000,000, about 2.4 percent growth.


/ Kika wide tires replaced, as construction machinery production continued to grow, the market demand this year will reach 16,500,000. Is expected in 2006, demand will grow by 3% to 17,000,000.

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